
The meeting comes in light of the turmoil witnessed by the global banking sector

Ahead of COP28 to be held in Dubai later this year

Amid Kurdish supply concerns and banking relief

Discussions on localizing tech for producing first EV car in Arab countries

Saudi company takes $3.6 bn stake in Chinese oil refinery Rongsheng

Two nations announced strategic partnership to address food security

Beverage named Product of the Year Gulf 2023

Why we need to produce water more efficiently and use it more wisely

No injuries occurred as a result of the spill

Crude oil has been on a declining trajectory since last June

Oil prices have fallen to levels seen at the end of 2021

Efforts to develop $3 bn global weather warning system by 2027

Tech giants will control 95% of new cars' operating systems by 2025

Oil rises on OPEC expectations of demand from China

GCC banks' sustainability strategies could expand sustainable financings

Cash dividend of $19.5 bn for Q4

"Make climate education mandatory on school curriculums"

UAE taking more cargoes of Russia crude oil

The world must cut emissions by 7% each year

Both sides highlighted importance of COP28

To develop more efficient gasoline engines and hybrid systems

In support of the country's climate change efforts

40 percent of the world's countries apply this

Investment will be funded by a combination of long-term debt and equity

The house of luxury is set to deliver its first EV

The financial sector has a central role in helping to finance the green transition

Record number of green sukuk issuances from GCC in 2022

The company increases the offered shares from 4% to 5% of the capital

Retail offering ends Wednesday

with FAB and NBK among the lead arrangers

Resulting in at least three fatalities and 294 injuries

Cash dividends proposed, representing 50 percent of its capital

Oman collected over $949,000 for Türkiye and Syria quake victims

Subscriptions to offer expected on February 23

UAE stepping up wheat cultivation to ensure food security

World needs USD1 trn annually to exert energy transition

OPEC sees the sector needing $500 bn investments annually

Global ESG assets could exceed $50 trillion by 2025

The MEA E-Bike Market projected to reach $1.27 billion by 2027

A jet departed yesterday transporting 37 tons of medical kits

To assist those affected by Turkey's 7.8-magnitude earthquake

76 killed in Turkey, 111 dead in Syria, hundreds wounded

Will the European ban on Russian diesel raise global fuel prices?

Price cuts from Tesla, Chevrolet, and Hyundai

Russia: Current oil price level acceptable

Al Dhafra cuts emissions equivalent to removing 470,000 cars

"We will purchase 1.4 bn cubic metres of gas annually for 10 years"

Investments also aim to add transport lines and distribution networks

"This should not come at the expense of economic growth"

Kremlin: Putin, Saudi crown prince, discussed oil market stability

AirCarbon: First voluntary carbon trading and clearinghouse

Agreements to be signed on Sunday

Start-up TileGreen turns plastic waste into eco-friendly tiles

As country gears up for COP28

70,000 charging points considered to be required in Abu Dhabi

Aspiration, a multibillion-dollar fintech company, announced UAE expansion

To promote the circular economy, growth of sustainable industries

Major changes in the way we work and when we work

Zero-emission Mirai Fuel Cell Electric Vehicle, Fuel Cell Forklift at energy Summit

To invest in global mining assets

Nargis-1 well located in offshore concession

Following presidential directive

Phase one involves construction of two large commercial nuclear reactors

As an anticipated ban of oil products from Russia takes effect

Will increase QatarEnergy's capacity to 14 mil mt/year

This would reduce industry-wide emissions by 80 percent

Markets await US inflation data this week

UAE and Saudi have been massively investing in AMI systems

Projects include investments in clean power, carbon capture and storage

Main drivers of global growth are all slowing down simultaneously

لإhe tender, the third of its kind, was set for 12 blocks

Ban starts from February 1

Focus on the circular carbon economy and carbon recycling

Double-digit million dollar deal accelerates Blacklane’s growth in region

"Inaccurate information almost always present in some forecasts,"

Mega plant to produce 1.2 million tons of green ammonia per year

Moscow: Unacceptable action and violation of market processes

Driving country's efforts to establish itself as a regional energy hub

Country to capitalize on opportunities for oil and gas exploration

To build 120MW solar project in South Africa

Project expected to produce 18,000 kilograms of green hydrogen per day

Its forecast for economic growth in 2023 left unchanged at 2.5%

The drilling operations teams had been mobilized

The development aims at producing 1 billion cubic feet of gas

TAQA paid $1.02 bn for its 43% controlling stake in the clean energy venture

To provide steel for the automotive sector

EU ban on Russian crude oil imports comes into force

Investors had sealed preliminary agreements

Event will be held at ADNEC from 16-18 January

State of anticipation EU and G7 decisions

DEWA is studying a proposal for building a hydrogen fueling station in Dubai

Deliveries will start in 2026

Plans to increase its production capacity to 5 million b/d by 2027

A bid to mitigate the devastating effects of climate change on the Delta

The first cargo is currently being shipped aboard the Pacific Sarah tanker

EU remains divided over Russia's oil price cap

The first event to assess Paris Agreement commitments

ACCA reaffirmed its commitment to Certificates in Sustainable Finance

G7 expected to announce today ceiling level of Russian oil prices

"Fund for loss and damage"and "rapid" reduction of emissions

Talking with results is key

Project expected to start in 2023 and be completed by 2026

“The project sets global benchmarks in clean energy production”

Highlighting country's ability to attract private investment in strategic sectors

Brazilian President is star of conference today

To finance, facilitate transition to clean energy

To 2.5 million barrels per day

On high energy prices

UAE also launched national net zero pathway by 2050

Kingdom plans to submit soon ten new renewable energy projects

This is the world's highest level of anxiety registered by far

"The energy sector is the most vulnerable to cyber-attacks"

Estimated reserves are not yet clear

By 2030

The program's total investments amount to $14.7 bn

Madbouly: "Solidarity among all parties has become an unavoidable option"

Funding is set to be provided by private and public investors

Farm will save Egypt $5 bn in annual natural gas costs

The world still relies on fossil fuels for 83% of its energy

New project using Egyptian engineers and state-of-the-art technology

In line with Sultanate’s 2050 Net-Zero Carbon Vision

Top leader quotes from the summit

AD Airports signs agreement to promote future of advanced air transport

Saudi and Egypt agree to cooperate in electricity and renewable energy

Kuwait also seeks to become carbon neutral in oil and gas sector by 2050

Firms investing in environment for first time surged fivefold since 2021

Bin Zayed: "Cimate change threatens global security"

Egypt tops list of Arab countries using wind to produce electricity

British Prime Minister will demand from countries to keep their promises

The historical city in danger of drowning

The transition to renewables will 'take longer than expected'

Methane is solely responsible for 30% of global warming.

Up from a loss of SAR 27 mn in Q3 2021

In the past 5 years

Summit will cover a wide range of climate mitigation and adaptation topics

OGCI has supported the development of multiple low-carbon hubs

Rishi Sunak reverses decision to skip climate talks

To produce 100 gigatonnes of clean energy by 2035

On higher oil revenues

"OPEC+ will continue to to work on balancing supply, demand"

Al Jaber: "The energy security is the foundation for economic and social progress"

On strong sales

To refinance existing debts, general corporate purposes

One of the world's largest venture capital funds with a capital of $1.5 billion

Hochstein: "Both sides will lose if one of them violates the agreement"

There’s no substitute to global action against overwhelming weather

A total of 15 Saudi and regional entities took part in the auction

Company's total global VLCC deal value hits AED 900 mn in 4 months

Forcing producers to pay to unload it

Fund will hold 80% stake in 500-million-riyal company, 20% for Tadawul

"The world is experiencing the first truly global energy crisis"

Shell claims 9.3% of shares in the NFS expansion project

Hamburg is hoping to become a hydrogen hub

Saudi, China agree to strengthen energy cooperation

Fitch: Lebanon not to receive significant revenues before start of production

In contrast to the relatively low global average of only 5.5 out of 10

"The issue is going to be replenishing the reserves, or storage, for next year"

Given their access to cost-efficient renewables

"OPEC+'s recent decision was taken unanimously, based on a vote"

"Oil price volatility means that no investments are being made"

WETEX, Dubai Solar, anchor UAE’s image as green tech leader

With the participation of dozen global ministers

Foreign Ministry: "Statements are not based on facts"

As economy slows

We are in the midst of a planetary emergency

Pressures on GCC's chemical companies are similar to rest of the world

Dividend will be paid to the Company’s eligible shareholders in October 2022

Amos Hochstein's efforts could lead to a historic agreement

In recognition of city's efforts in creating sustainable, happy community

To boost ADNOC's offshore operations

Project valued at 1 billion Egyptian pounds

EU prepares to approve Russia's oil price cap

GCC generates between 105 and 130 million tons of waste per annum

White House: U.S. needs to be less dependent on OPEC+

Bloomberg expects production cuts of up to two million barrels per day

Despite increasing climate impacts, climate optimism grew to 48%

"Global spare capacity to raise oil production is very low"

Egypt already getting clean energy ready

Reports suggest coalition will reduce output by more than one million barrels

Project linka 2 ADNOC-owned offshore facilities to Abu Dhabi's onshore grid

10-year contract to deliver collection, transportation, and cleaning services

Exports are significantly higher than they were last year

"Event showcases UAE’s achievements in renewable, clean energy sector"

Prices have fallen sharply this month by about 30 percent

108 international agreements signed valued at $22 bn for gas excavation

Country is restructuring its oil and gas sector

Germany seeks to diversify energy sources amid reduced supply of Russian gas

French energy firm will have a 9.3% stake in North Field South gas project

Project to reduce carbon footprint of ADNOC’s offshore operations by 30%

But more realism about the scale of the challenge is need to properly address it

New land masses, tourism, to spur further economic revival

As part of the country's efforts to diversify oil imports way from Russia

“Even if the conflict in Ukraine stopped today, the crisis would not end”

By selling existing shares, issuing new ones

Council also discussed enhancing current gas cylinders to advanced ones

Decision will have no effect on local plastic bag factories

A net-zero carbon community that will accommodate up to 100,000 people

Saudi, Libya lead the output increase

Up from previous target of 23.5%

UAE's EV market is estimated to grow at a CAGR of 30%

To supply fuel required to generate electricity at the Hassyan power complex

Economic stagnation is not a condition for decline in oil demand

Initiative has seen 46 fountains installed across the emirate since launch

To face the energy crisis

As part of its preparations for COP 27

Truss plan costs £130 bn for 18 months

Russia’s response to capping oil prices is more shipping to Asia

Oil prices jumped more than 3 percent after the decision

Wall Street Journal: Russia opposes plans to cut production

Truss favorite to lead Conservative Party, run Downing Street, come Monday

20% for households, 50% for the industrial sector

The new pricing includes 5% value added tax

Production to start in Q1 2026 in Mesaieed Industrial City

Musk also seeks to launch Starship to orbit

Oil demand demand faces great uncertainty

Announced contracts are largest of their kind in oil and gas

Main catalyst for oil price improvement is Saudi Oil Minister’s comment

Gazprom will "completely" suspend its gas deliveries to France's Engie

Manufacturing, distribution to be hit hardest and costing $4.2 trn

Concern about a global economic slowdown

The standard European gas price has risen 550% in past 12 months

Adoption of green pathways is a gender-neutral responsibility

The African continent needs billions in assistance for food security

Saudi's statements are supported by the UAE, Sudan

The US Mediator in Beirut next week

Companies included Saudi Al-Fanar and UAE's Alcazar

Nuclear negotiations with Iran and their return to oil markets

Al-Faris: Since 2020, OPEC+ successfully maintained oil market stability

Output cuts likely to coincide with Iran’s possible return to oil markets

OPEC + will soon begin working on a new agreement for post-2022

Exploration contributes to energy security, additional gas supply to Europe

As part of the country’s vision to adopt a circular carbon economy

Azour: "Critical to maintain fiscal discipline and momentum on reforms"

Project is valued at $23 billion

Third filling of Nile dam heightens Ethiopia-Egypt crisis

Oil falls to a 6-month low on Tuesday

OBG: Range anxiety, digital security are main challenges

Royal Swiss Auto offers vast range of EV care and maintenance services

Some hotels are not being able to access dedicated internal support

Including 1.97 billion riyals in Russian energy companies

Summit reflects UAE's unlimited support for energy, climate change issues

Production at several US offshore platforms in the Gulf of Mexico has resumed

Announced a dividend of $18.8 billion

Shops and malls will have to limit their use of strong lights

Poorer countries scream foul, and China out of climate negotiations

Contract awarded by ADNOC Offshore to ADNOC Logistics & Services

This is due to war, inflation, and plans to contain Corona

Deal in line with IHC’s long-term investment strategy in the clean energy sector

UAE’s growing energy demand boosted DEWA profits

Earnings before interest, tax depreciation amounted to $3.1 bn

A 34% increase compared to 2021

Goldman Sachs revised its oil price forecast to $110 a barrel

Driven by higher average selling prices

By lowering greenhouse gas emissions by 40%

Brent crude futures fell 74 cents, or 0.8%, to $94.18 per barrel

Company reported EBITDA of AED 1.99 bn

The company intends to roll out 1,429 projects

Due to weak US demand, recession fears

The highest quarterly surplus since data publication began in early 2016

Summit will be crucial to Africa’s response to climate change

Washington: A step in the right direction

Increase by 100,000 barrels per day

41% of regional investors wanted to implement effective ESG policy

Acquisition fits in with growth strategy for lubricants, says Aramco

The UAE is the most affected

OPEC Sec Gen: Russia's presence in alliance key to agreement success

Crown Prince Mohammed: Desire to strengthen strategic partnership

Will OPEC+ raise output at its next meeting?

Authorities urged residents not to leave their homes unless necessary

They benefited from rising oil and gas prices

Connecting electricity grids provides cheaper green energy

Project is key component of ADNOC's strategy for gas self-sufficiency

Energy Forum: to return to the level of $525 billion by 2030

Fuel is among the most requested reimbursements for UAE employees

"We have safely completed 1.5 mn man-hours since the project's inception"

The project is valued at 25 billion euros

Country requests bids for waste-to-energy project

European plans reducing gas consumption by 15%

Global electricity demand is expected to rise by 2.4% in 2022

Capital expenditure will include expansion of renewable, clean energy projects

Millions to be displaced as rising waters reclaim heavily populated lands

It follows signing of UAE-France Comprehensive Strategic Energy Partnership

Russia to undermine the dollar's hegemony by disengaging the "petrodollar

Saudi Foreign Minister Prince Faisal bin Farhan on official visit to Japan

Sheikh Mohamed bin Zayed visits the French National Army Museum

America acquires 11% of Saudi foreign trade in 10 years

Both major benchmarks for crude shed more than $5 a barrel

Prices of diesel supplied to the food and electricity industries were fixed

UAE, France are expected to launch a business and investors club

"OPEC" does not expect breakthrough in supplies for 2023

The final death toll remains unclear

Above the average of DME Oman

Oman was affected by the depression's peak impact

Citizens looking for alternatives to power cuts boost the solar power market

Russia stops shipping Kazakh oil, which raises prices again

He participated in an energy conference in Nigeria yesterday

First $500 million will be paid in cash

Program to accelerate Qatar's efforts towards climate change

DEWA: Total energy production capacity reached 14.1 gigawatts

G7 recently discussed a plan to put more pressure on Moscow

Alnama will have 100% renewable energy

The price rise is in line with previous increases throughout 2022

Avoid any policy discussions in September

Coal power plants in France, Austria, Germany, the Netherlands get ready

“OPEC +” tomorrow maintain plan to accelerate increase in August crude production

Macron tells Biden that UAE, Saudi can barely raise oil output

Alternatives include multi-use bags

The coalition sticks to plan to accelerate increase in oil production

Participating companies to contribute 110 billion dirhams

With a focus on structural battery performance

Gulf states’ beaches, remote desert areas, among best for wind generation

With investments worth $1.5 million

The company will have a 6.25 percent stake in the North Field East expansion

The World Bank wants reforms before financing the agreement

Significant step within strategic partnership announced by UAE President

Report highlighted the role of a smart grid in the Smart City's development

The move highlights Volvo's position as a key player in climate action

Global oil demand to grow roughly to 3.4 million BPD in 2022

Project to increase Qatar's LNG output capacity to 10 million tons per year

Saudi’s crude oil production capacity to reach 13.3-13.4 million BPD

The losses account for 7.6% cut to GDP in 2070 alone

Existing ones, irrespective of their source of power, don’t need to bother

"The group was currently 2.6 million barrels per day short of its target"

Qatar to finance a $30 billion LNG plan to raise production

Results coincide with World Oceans Day

Volume of recycled glass expected to reach 6.2 percent by 2027

Citi estimated Brent to average $75 per barrel in 2023

Total global production of paper and cardboard is over 400 million tons yearly

Oman currently has 5.2 billion in oil reserves

DST to enhance Dubai’s position as a leading sustainable destination

Petrol up over 13%

The extra 648,000 bpd exceed observer expectations

The company champions sustainable design to reach net-zero

About 90 percent of Russian oil imports to the bloc will be stopped

Qatar’s carbon-neutral commitment should be "recognized, not criticized"

Putin to lose about $10 billion annually in oil export revenues

Oman records the highest growth rate in gas exports

Oil crosses $120 in anticipation of the European decision

Export capacity to amount to 12 million tons annually within 3 years

The Middle East’s first waste-to-energy plant opens in Sharjah

ADNOC says the project with BP has moved into the design phase

Solar energy is the new oil

Saudi Energy Minister: World must appreciate value of the alliance

Plastics, CO2, recycling high on projects’ agenda

Profits climbed to SAR151.9 compared to SAR139mn in 2021

65% of CEOs expect their companies would focus on ESG

The energy and resources industry will witness a major transformation

The listing could raise $30 billion

Saudi, UAE are key players in electric mobility transition

OQ invites banks to pitch for gas pipeline network IPO

Prince Abdulaziz: Oil output depends on what we do in the divided zone

Al-Rajhi Financial expected Aramco to achieve profits of 136.6 billion riyals

The initiative is part of Kyndryl’s global sustainability program

A 195 billion-euro plan to stop Russian fossil fuels' import by 2027

Bosch to invest 500 million euros to produce hydrogen

It lowered its forecast for a rise in global oil demand growth by 300,000 barrels

Net profit jumped 33% to 6.47 billion riyals

Several factors to boost Aramco's share prices in coming months

Global leaders, industry experts convene for day two of the World Utilities Congress

The Gulf region is mounting efforts to preserve water

The company’s market value has risen to $2.464 trillion

“OPEC +” is doing its part to meet global demand amid geopolitical pressures

The company recorded the highest volume of fuel sales ever during Q1

The cost of food wasted annually around the world is about $1 trillion dollars

The WUC to explore the role of hydrogen in the future of the utilities sector

The "OPEC +" is scheduled to hold its next meeting on the second of next June

It posted loss of over $20 billion as it withdraws from energy group Rosneft

WUC 2022 set to discuss the future of low-carbon power and water supplies

Oil output increase by 432,000 bpd

Saudi is in a prime position to produce green and blue hydrogen

Sustainable investments will not contribute to cash flow over next 5 years

Empower IPO to be announced soon; not during current quarter

500 billion plastic bags are used worldwide

The ship is carrying 750 tons of fuel, threatening environmental disaster

The company completed the purchase of Scientific Design

Down 480,000 bpd from its previous forecast

The industry stakeholders lost sight of buildings’ unsustainable energy usage

Contract is valued at $900 million

Neutral Fuels is turning waste into green energy

OPEC said the increase in prices was driven by geopolitical tensions

Decision based on strong investor demand, oversubscription across all tranches

Oil prices rise again after two days of decline

"We have one mission in OPEC + and that is to stabilize the market"

Investing in hydrocarbons ensures smooth global energy transition

With business activity back, the world may go back to high-carbon ways

Al-Mazrouei: “We will not leave OPEC+, or do something unilateral”

Solidarity shown with Europe by dispensing with lucrative gas contracts

The Partners will supply, purchase, and trade carbon credits

Tiny behavioral changes can be colossal in saving oceans

The world awaits the “OPEC” meeting on March 31

Brent crude exceeded $110 a barrel

Saudis crown prince stresses preserving the "OPEC +" agreement

S&P: Qatar can compensate Europe for 13 percent of Russian gas supplies

The agreements aim to provide services for cementing services

SEC completed the implementation of sector regulatory and financial reforms

Project is an investment worth about $11 billion

The UAE believes in the value that OPEC + brings to the oil market

Progress made on Dubai Waste Management Centre at Warsan

Long-term bonds part of credit facility

They could increase the pace of electrification but also exploration

Saudi announces its support for the "OPEC +" agreement

Even when nations don't sanction Russia, private companies will

Aramco announces in March its top financial results for 2021

"Gazprom Trans" stopped receiving requests to transport LNG to Ukraine

Sustainability in the Aramco hierarchy of priorities

Strategic partnership entered with Streamax Tech, GBS solutions

Awards part of strategy to boost crude oil production capacity to 5 million bpd

Sustainable air travel options will take years to become commercially viable

Upon any invasion, the US and EU could impose sanctions on Russia

Al Masaood Automobiles brands and partnerships always operated as industry leaders on positive change

It was the second hydrocarbons finding ADNOC revealed

Saudi raised its natural gas production by 30% over the last 10 years

Production of Saudi and Russia rises to 10.331 million barrels per day

OPEC+ refuses to be bound by faster increases in crude production

Expect a slight increase in global demand for natural gas in 2022

What are the major market indicators influencing interest rates?

ADNOC, TAQA partner to curb carbon emissions

Egypt eyes increased oil and gas output

The emirate aims at having a carbon-neutral economy by 2050

How will an energy crunch impact the shift to renewables?

Western double standards risk reducing production levels

Dubai saves AED1,3B and 14M working hours with new policy